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Pleasantdale Village Strip Center Investment Asset Georgia

Pleasantdale Village | Tucker, GA
Make an Offer
Investment Offering

Tenant: Pleasantdale Village | Tucker, GA
Premises: 13,370 SF
Renewal Options: Varies

Lease Expiration: Varies
Lease Type:
Rental Increases: Varies


Sands Investment Group is Pleased to Present Exclusively For Sale the Pleasantdale Village Strip Center Investment Asset Located at 3210 Tucker Norcross Road in Tucker, Georgia. With a Mix of National and Local Tenants Well-Situated on 1.48 Acres, the 100% Leased, 13,370 SF Asset Offers a Stabilized Investment With a Granular Rent Roll, Rent Escalations During the Term and Option Periods Providing Organic Growth to a New Investor. Additionally, the In-Place Rents Are Below Market, Providing Future Upside in Cash Flow. The Asset Benefits From Its Location in the Heart of the Tucker Suburb of the Atlanta MSA With a Dense Population Within a 3-Mile Radius of Over 106,000 People. This Unanchored Strip Center Features a Line Up of Internet Resistant Tenants Such as, Marco’s Pizza, Peach State Insurance and Cell Phone Repair. The Property Sits at a Signalized Entrance and is Adjacent to the Tucker Square, Anchored By Walmart Neighborhood Market.

  • Stabilized Investment: Pleasantdale Village is 100% Leased to a Mix of National and Local Tenants; The Granular Rent Roll Provides Organic Growth With a Majority of the Tenants Having Yearly Rental Increases Built Into Their Lease
  • Recently Replaced Roof: The Roof Was Replaced in 2015 With a 20 Year Warranty Providing Limited Capital Expenditure Exposure to a New Owner
  • Personal Guarantees: Majority of the In-Place Leases Have Personal Guarantees Behind Them, Providing a Secure Investment
  • Great Consumer Buying Power: The Average Household Income Within a 3-Mile Radius is Over $75,000
  • Top MSA: The Atlanta MSA is Ranked 9th Largest and One of the Fastest Growing Metro Areas in the Nation; Atlanta Ranks 4th in the Country For Metro Population Growth Since 2010
  • Strong Population Growth: Strong Sub-Market of the Atlanta MSA With a Dense Population Within a 3-Mile Radius of Over 106,000 Residents; With Historical Population Growth of 9.8% in the Last 10 Years and 3.1% Projected By 2026, This Shows the Strength of This Growing Market
  • Well-Located With Exceptional Access: Pleasantdale Village is Located at the Intersection of Pleasantdale Road (24,732 VPD) and Tucker Norcross Road (30,975 VPD) With a Signalized Entrance; The Asset Benefits From Multiple Points of Entry From Tucker Norcross Road and Pleasantdale Road
  • Retail Synergy: The Property is Strategically Located Across the Street From a Busy Grocery Anchored Shopping Center With a Walmart Neighborhood Market as the Anchor; Other Notable Tenants in the Area Include: Family Dollar, Shell, Popeyes, Waffle House, Dollar General, Pizza Hut, QuikTrip and More

In Cooperation With Sands Investment Group Atlanta, LLC Lic. # 67374

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

Marco’s Pizza, operated by Marco’s Franchising, LLC, is an American restaurant chain and interstate franchise based in Toledo, Ohio, that specializes in Italian-American cuisine. Marco’s Pizza is one of the fastest growing pizza franchises in America. The first store was opened in Oregon, Ohio on Starr Ave. It was founded by Italian immigrant Pasquale “Pat” Giammarco in 1978. The menu includes pizza, subs, wings, salads, CheezyBread, CinnaSquares, pizza bowls, and co-branded Ghirardelli brownies. Some of Marco’s specialty pizzas include White Cheezy, for which the pizza company won a gourmet competition in California.
Marco’s executive team has more than 200 years of collective leadership experience in the food service industry. Our people are the reason we were recently ranked No. 2 in the Pizza category on Entrepreneur Magazine’s 2020 “Franchise 500” ranking, and No. 6 in the Largest Pizza Chain category on Restaurant Business’ 2020 “Top 500 Chains” ranking. What was one store in the Toledo area is now over 1,000 stores across 34 states with locations in Puerto Rico and the Bahamas and room for hundreds more.

Area Overview

Pleasantdale Village | Tucker, GA

3210 Tucker Norcross Road - Tucker, GA 30084

Contact Broker for Details

Status: Sold

Pleasantdale Village | Tucker, GA

Michael Smith

704.315.5044
msmith@SIGnnn.com

Greg Laughton

980.729.5652
greg@SIGnnn.com

Joseph Lombardo

704.251.4154
jlombardo@SIGnnn.com

Wyatt Groseclose

704.981.0437
wyatt@SIGnnn.com

Andrew Ackerman

770.626.0445
aackerman@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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